Rainbow
Foundations
rights
issue
to
start
from
25
March
2022
and
will
close
on
16
April
2022.
The
record
date
is
fixed
for
11
March
2022.
The
Rainbow
Foundations
rights
issue entitlement
ratio
is
8:1,
8
right
shares
for
every
1
fully-paid
equity
shares
held
on
the
record
date.
Rainbow
Foundations
Ltd
is
a
real
estate
development
company
that
aims
to
empower
Chennai
to
construct
improved
structures
and
to
build
faith
amongst
its
valuable
customers.
The
company
was
incorporated
in
1994,
engaged
in
both
residential
and
commercial
projects.
They
are
developing
residential
and
commercial
projects
in
Tamil
Nadu.
Their
core
focus
is
Smart
Home
Design,
Beautiful
Serenity,
Exceptional
Lifestyle,
and
Complete
Home.
They
completed
Rainbow
Darshan,
Rainbow
Courtyard,
Rainbow
Paradise,
and
Rainbow
Retreat
projects.
Their
ongoing
projects
are
Rainbow
Trade
Centre
(commercial
project),
Rainbow
Crystal
Height,
Rainbow
Sarala
Avenue,
Rainbow
Adarsh,
and
Rainbow
Girnar
(residential
projects).
Check
out
Rainbow
Foundations’s
rights
issue
details.
Rainbow Foundations Rights Issue Date & Price Band
| Rights Issue Open: | 25 March 2022 |
| Rights Issue Close: | 16 April 2022 |
| Rights Issue Size: | Approx ₹48.52 Crores |
| Rights Record Date: | 11 March 2022 |
| Price Band: | ₹11 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: |
BSE |
| Entitlement Ratio: | 8:1 (8 rights shares for every 1 shares) |
| Equity: | 4,41,00,000 Equity Share |
| Live Share Price: | Click Here |
Rainbow Foundations Rights Issue Time Table
| Rights Record Date | 11 March 2022 |
| Deemed Date of Allotment | 26 April 2022 |
| Renunciation of Rights Entitlements | 11 April 2022 |
Rainbow Foundations Rights Issue Form & How to Apply
How to apply the Rainbow Foundations rights issue? You can check Rainbow Foundations rights issue details on click here. You can apply the Rainbow Foundations rights issue via form download on NSE & BSE website where you can download blank forms & submit them to your bank or broker. You can apply online via ASBA or UPI via your Demat account details.
Rainbow Foundations Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense |
PAT |
||
| 2019 | ₹39.66 | ₹38.38 | ₹0.64 | ||
| 2020 | ₹29.16 | ₹26.74 | ₹1.70 | ||
| 2021 | ₹37.68 | ₹36.02 | ₹1.14 | ||
Quick Links
Rainbow Foundations Rights Issue Allotment Status
Cameo
Corporate
Services
Limited
Phone:
+91
44
28460390
Email:
[email protected]
Website:
https://online.cameoindia.com/
Check
Rainbow
Foundations
issue
on
Cameo
Corporate
website
allotment
URL. Click
Here
Rainbow Foundations Rights Issue Lead Managers
- Turnaround Corporate Advisors Private Limited
Company Address:
Rainbow
Foundations
Limited
No.
4,
Thanikachalam
Road,
T.
Nagar,
Chennai,
Tamil
Nadu
–
600017
Phone:
+91
44
24344647,
243546
Email:
[email protected]
Website:
https://www.rainbowfoundations.in/
Rainbow Foundations Rights Issue FAQs:
When
is
Rainbow
Foundations
Rights
Issue
Record
Date?
Rainbow
Foundations
Rights
Issue
2022
record
date
is
11
March
2022.
What
is
Rainbow
Foundations
Rights
Issue
Price?
The
company
has
fixed
the
price
at
₹11
per
equity
share.
What
is
the
Rainbow
Foundations Rights
Issue
Ratio?
The
company
has
fixed
the
ratio
(8:1), 8
Rights
Equity
Share
for
every
1
Equity
Shares as
on
record
date.
How
to
apply
for
Rainbow
Foundations Rights
Issue
2022?
As
per
the
record
date
you
need
to
have
Rainbow
Foundations
shares
in
your
Demat
account.
You
can
participate
in
Rights
Issue
via
offline
form
download
or
you
can
apply
online
via
ASBA
or
UPI
options.
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